World economy
US economic growth surges to 4.1% in Q3
21 Dec 2013
Bank of Japan maintains record easing
20 Dec 2013
EU officials agree landmark banking deal
20 Dec 2013
The agreement envisages setting up a €55 billion ($75 billion) fund financed by the banks over a period of 10 years, to avoid future bank bailouts using taxpayers’ money
Fed to cut bond-buying by $10 bn from January, keep rate unchanged
19 Dec 2013
The cut in bond-buying would limit total central bank monetary support to the US economy to $75 billion, $10 billion lower than the current level of $85 billion
UK banknotes to get tough new makeover from 2016
18 Dec 2013
India’s exports to US, Europe rise: minister
18 Dec 2013
Angela Merkel reelected German chancellor for third time
18 Dec 2013
Angela Merkel is the third post-WWII chancellor to win a third four-year term, after Helmut Kohl and Konrad Adenauer
NSA’s phone tapping unconstitutional: US judge
17 Dec 2013
The judge said the government "does not cite a single instance in which analysis of the NSA's bulk metadata collection actually stopped an imminent attack, or otherwise aided the government in achieving any objective that was time-sensitive in nature"
Governments divided on Bitcoin's status as money
16 Dec 2013
Norway has decreed Bitcoin to be an asset upon which capital gains tax could be charged, though it says the virtual currerncy did not qualify as real money
Japan to woo ASEAN with $20-bn aid pledge
13 Dec 2013
Japan is expanding currency swap deals with Indonesia, the Philippines and Singapore ahead of the week-end summit with the 10-member ASEAN
Japan’s cabinet approves $53 bn in stimulus spending
12 Dec 2013
The $ 53 billion in fresh stimulus approved on Thursday is expected to create at least 250,000 jobs
US Congressional negotiators near budget deal to ease spending cuts
11 Dec 2013
US congressional negotiators are nearing a deal aimed at keeping the government going for nearly two more years, striking a rare bipartisan agreement that is expected to ease the threat of automatic spending cuts
US growth to ramp up by mid-2014
10 Dec 2013
OECD sees growth picking up in major economies
10 Dec 2013
While October indicators for China, India and Russia showed tentative positive changes in momentum, the composite leading indicators of growth for these countries were still below the trend rate
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